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China brings EV price war to Thailand, dangling 38% discounts
The steep discounts have fuelled a more than 20% surge in sales in both October and November Chinese electric vehicle (EV) makers, already…
Tag
Discounts
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Amazon sellers curb Prime Day discounts with tariffs taking bite
Amazon.com’s Prime Day is slamming into US President Donald Trump’s trade war, with ever-shifting tariffs prompting some brands to sit out…
Fashion
France fines retailer Shein 40 million euros for misleading discounts
A probe of thousands of products on Shein’s French site finds 57% of advertised discounts do not actually offer lower prices France’s…
Business
EV Discounts in China Reach Record High With Profits Limited to 3 Automakers
China’s EV price war is bigger than ever, but for how long? China has recently gained a reputation for offering significant electric…
Business
Luxury labels ditch steep China discounts to rebuild brand value
Some luxury labels are pulling back from steep markdowns in China, seeking to rebuild an image of exclusivity to lure back wealthy…